Solar panels are installed on the roof of the Nguyen Dinh Chieu high school for students with disabilities in HCM City (Photo: VNA)
HCM City (VNA) – By taking various measures, Ho ChiMinh City aims to save 1.5 – 2 percent of commercial electricity output eachyear as from 2019.
The municipal People’s Committee said the cityhopes to save at least 10 percent of the annual electricity cost at agenciesand organisations while big power consuming businesses will save at least 1percent of the electricity used for each product unit compared to last year.
Among the planned measures, HCM City willreplace normal decorative and lighting lights with energy-efficient ones, carryout energy-saving solutions at all new public lighting facilities, and pilotreplacing compact light bulbs with LED lamps.
It is also encouraging local households andservice providers to save electricity by using energy-efficient devices,switching off unnecessary electrical devices, making use of natural light andventilation, and reducing the use of electricity-intensive appliances duringpeak times.
The HCM City Power Corporation, a subsidiary ofthe Vietnam Electricity (EVN) group, has also worked with organisations andlocal authorities to conduct communications activities at residential areas.
The corporation said in 2018, more than 727,000local households engaged in the power saving programme, saving nearly 400million kWh of electricity worth some 800 billion VND (34.5 million USD) andcutting down the emission of 322,000 tonnes of CO2.
As of the beginning of 2019, nearly 1,000households, agencies and businesses in HCM City had installed solar panels ontheir roofs with the total capacity of 11,382kWp.-VNA
The Asian Development Bank (ADB) and the provincial People’s Committees of Ha Giang, Vinh Phuc and Thua Thien-Hue on July 6 signed project agreements totaling 223.87 million USD for the Secondary Green Cities Development Project.
Intensifying technological application to increase energy efficiency is one of the important solutions to challenges facing the domestic energy sector, heard a forum in Hanoi on July 31.
An international workshop to promote cooperation in ensuring fairness in Vietnam’s energy shift towards more eco-friendly power was held by the Vietnam Union of Science and Technology Associations (VUSTA), the Friedrich-Ebert-Stiftung (FES) Vietnam Office, and the Green Innovation and Development Centre (GreenID) in Hanoi on September 18.
Vietnam is one of the most efficient power markets in Southeast Asia, and has achieved nearly 99 percent electrification with relatively low cost in comparison to neighbouring country, according to the Ministry of Industry and Trade (MoIT).
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.